General Electric (GE) 10-Q 2001 Q1 Quarterly report

		Exhibit 12
General Electric Company Ratio of Earnings to Fixed Charges
(Dollars in millions)		Three months ended  March 31, 2001
GE except GECS
Earnings (a)			$4,061
Less:	Equity in undistributed earnings of General Electric
	Capital Services, Inc. (b)		(903)
Plus:	Interest and other financial
	charges included in expense		255
	One-third of rental expense (c)		51
Adjusted "earnings"			$3,464
Fixed Charges:
	Interest and other financial charges		$255
	Interest capitalized		1
	One-third of rental expense (c)		51
Total fixed charges			$307
Ratio of earnings to fixed charges			11.28
General Electric Company and consolidated affiliates
Earnings (a)			$4,556
Plus:	Interest and other financial charges
	included in expense		3,096
	One-third of rental expense (c)		129
Adjusted "earnings"			$7,781
Fixed Charges:
	Interest and other financial charges		$3,096
	Interest capitalized		30
	One-third of rental expense (c)		129
Total fixed charges			$3,255
Ratio of earnings to fixed charges			2.39
(a)	Earnings before income taxes, minority interest and cumulative effect of changes in accounting principle.
(b)	Earnings after income taxes, net of dividends, and before cumulative effect of changes in accounting principle.
(c)	Considered to be representative of interest factor in rental expense.